Corp. announced a definitive agreement to acquire Kito Crosby Ltd. (KCL), a manufacturer of lifting, rigging, and ...
The deal is expected to close later this year. Columbus McKinnon Corp. (NASDAQ: CMCO) is making a major acquisition a few years after moving its headquarters to Charlotte. The manufacturer ...
Local industrial manufacturer Columbus McKinnon disclosed plans to buy Texas-based Kito Crosby in a deal worth $2.7 billion, according to a Monday news release from the Charlotte-based company.
Columbus McKinnon paid down $45 million in debt in the first three quarters and anticipates an additional $15 million repayment in Q4. Canyon Hayes, D.A. Davidson, asked about prioritization of $ ...
Shares of material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) fell 41.9% in the afternoon session after the company reported weak third-quarter results, with revenue declining ...
Material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 7.9% year on year to $234.1 million.
(RTTNews) - Columbus McKinnon Corp. (CMCO) on Monday announced a definitive agreement to acquire Kito Crosby Ltd, a manufacturer of lifting and material handling products, for $2.7 billion.
"We have long respected Columbus McKinnon. Our shared values of safety, quality, and a focus on our employees and customers will create value for all stakeholders," said Robert Desel, Chief ...
Shares of Columbus McKinnon (NASDAQ:CMCO) are trading over 20% down premarket on Tuesday after the company missed Wall Street expectations for its third quarter results. Brokerage D.A. Davidson ...
Investing.com -- Moody's (NYSE:MCO) Ratings has placed the ratings of Columbus McKinnon (NASDAQ:CMCO) Corporation under review for potential downgrade. The ratings under review include the Ba3 ...